EXCEPTIONAL STRIP RETAIL
FREEHOLD INVESTMENT FOR SALE
HIGH PERFORMANCE VILLAGE STRIP

243 High Street, Ashburton

ASHBURTON RETAIL VILLAGE FREEHOLD INVESTMENT – PRIME POSITION IN AN EXCEPTIONAL RETAIL STRIP

Emmetts in conjunction with Jellis Craig are delighted to present for sale, 243 High Street, Ashburton

Take advantage of the rare opportunity to secure a retail freehold investment in the prime position of one of Melbourne’s most tightly held neighhbourhood retail strips. Key features include:

+ High Street, Ashburton is a tightly held neighbourhood predominantly retail strip occupied by daily needs retailers including small format supermarkets, specialty grocers, bakeries, liquor, cafes, delis, optometrists and medical services.

+ The strip benefits from abundant free at-grade public car parking and Ashburton Station.

+ Further, the strip is surrounded by a strong socio-economic catchment with a high proportion of high income families, and benefits from a lack of nearby competing strip retail centres.

+ The Montague Precinct is currently attracting significant investment including global build to rent giant Grey Star’s planned 700 plus apartment project.

+ Freehold land of 230 sq m*

+ Rear of land / building facing large public car park with scope to further activate this frontage in the future.

+ Single level retail building with scope for future value-add development.

+ Recently renewed lease to established news agency / TassLotto business at at rent of $64,000 pa plus GST & Outgoings

+ Outstanding future value-add opportunity.

For sale by public auction on Thursday 11th November at 2:30pm on site.

* denotes approx.

For further information on this sale, contact the exclusive selling agents.

Call Us

Charles Emmett
+61 402 358 069
Enquire With Agent
Andrew Milligan
+61 421 559 992
Enquire With Agent

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